RB-BBTrader

This post is about a trading system that combine 2 indicators, the configuration of the indicators are explained below (to be like the screenshot). I also add a PDF that explain how to get the same look and feel than me, for every line and for color zones too.

Configuration

Hide maximum, minimum, maximum1, minimum1

Trader: Green Bullish, Red Bear

BBsignal: Green Bullish, Red Bass Player

Add 3 color zones are added:

• maximum1 <> maximum
• Minimum1 <> Minimum
• Trader <> BBsignal

Indicator based on supports and resistances that is combined with “Volume” waves osc:

• Green Zone Indicates overselling area.
• Red Zone Indicates overbought area.

//Definimos trader

p= Average[8]
maximo=highest[150](p)
minimo=lowest[150](p)
maximo1=highest[50](p)
minimo1=lowest[50](p)
BB = ExponentialAverage[12]((close))
BBsignal = ExponentialAverage[12](BB)

Trader = bb + 1*STD[8](BBsignal)

return trader as "trader",BBsignal as "BBsignal", maximo as "maximo",minimo as "minimo",maximo1 as "maximo1",minimo1 as "minimo1"

“Volume” waves oscillator. Synchronize the entry with the price change in the supports giving the entry:

• Buy signal: BBtrader over BBSignal
• Sellshort signal: BBSignal over BBtrader

//RB@72 @ 
//Oscilador de Volumen "Volume" waves oscillator
cero=0

Onda = Weightedaverage [150] (close)
Wave= ((close/Onda)-1)*100


return Wave*10 as "Vol-Ex",cero coloured (0, 0, 0) as "cero"